Spain - Credit downgrade: Standard & Poors cuts credit ...

[rambo753]

the West is enslaved by financial oligarchies

[rambo753]

don't trust Rating agencies

they are controlled by the same private groups which speculate against the nations.

they are rotten to the core

[Gary190tube]

@MBarroso75 I believe you're right - the Euro will have some problems but it will succeed. And I believe Britain will join when the time is right. It's in our interest for it to succeed, without a doubt.

[Gary190tube]

@MBarroso75 What destroyed the Greek economy was the Greek government.

If Britain got kicked from the EU, who would pay for all the subsidies?

[Gary190tube]

@MBarroso75 Britain wants to join the Euro currency, but so far we have not been happy with the way it works. We warned years ago about the dangers of having a common currency without a common monetary policy. Also we saw dangers in countries making false statements about their economies (like Greece did). For us it was a good idea but not done in a good way. We don't want to see the Euro fail (it would be very bad for our economy if it did). But yes the British are saying "I told you so..."

[unincorporated1]

People need to wake up! The financial terrorists (IMF, World Bank, Wall Street, etc..) have hi-jacked the worlds Governments and they are in control now. The Governments of the world are forced to take out these OBSCENE debts and the taxpayers are forced to pay for it. The financial elite have designed the system so that sovereign nations and their taxpayers are in perpetual debt!

[WhiteRaceIsEvil]

OBSCENELY BLOATED&OVER VALUED WHITE BOYZ CURRENCIES OF "U.S.DOLLAR,EURO,BRITISH POUND,SWISS FRANC etal",TO KEEP WHITE COLONIAL THUGS&MOBS OBSCENE STANADARDS OF LVING,IS THE ROOT CAUSE OF DOWN FALL OF WESTERN WHITE BOYZ ECONOMIES.

BELIVE IT OR NOT.

[Tressco]

Hog cholera raging in the stinky EU barn...

"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes.

Money has no motherland; financiers are without patriotism and without decency; their sole object is gain."

- Napoléon Bonaparte

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."

- Lord Acton

[pedrote2222]

Existen muchos creadores de crisis por intereses, obtengo un 1 % de beneficio para mi que me importa crear un 99 % de perdidas a un País o al mundo, que mucha gente pierda su trabajo, son simples campesinos, como nos llaman los gurus de las finanzas a los trabajadores. Hoy es nuestro día 1 de Mayo.

Espero que esa gente, por el bien de la sociedad, entren en crisis y tengamos un mundo mejor.

Un saludo desde España.

[pedrote2222]

@pedrote2222 There are many creative interests crisis, get a 1% benefit to me than I care to create a 99% loss to a country or the world, many people lose their jobs, they are simple peasants, as we called gurus of the Finance workers. Today is our day May 1.

I hope that people, for the good of society in crisis and have come a better world.

A greeting from Spain

[hackslash2020]

this was an attack from the usa on europe's currency in order to keep the outstanding loans towards china attractive. China was nagging that their loans were getting worthless if the dollar kept devaluating.

[Sonicblueknight]

I'm from Spain and all I can say is ... wow.. Not because of what they say on the video, those are not NEWS for us, but just the fact they talk like if Spain was about to die. Have you guys taken a look at Portugal or Greece? Those need more help than my country. Meh, I don't even think my country needs help, just a fucking GOOD president.

[7216sp]

This is a crisiS that has already struck the U.S. WE ARE HEADING DOWN THAT ROAD.

[dlucas90]

Debt created by creating money from debt, is an unserviceable contract because the money to pay back the interest is never created and therefore is not in the money supply. In other words, you can not get out of debt using money created from even more debt. Fiat money is legalized fraud.

[LawyerScumGhost]

@dlucas90 It's such a simple concept, yet it is not understood by the people it enslaves. People have such short memories and are constantly misdirected so they will not see the truth. As for Standard & Poor, those assholes rated many of the junk mortgage backed securities AAA. How are these crooks still in business?

[dlucas90]

@LawyerScumGhost

You would think that once all the gold and silver had been stolen from the existing money supply, that the citizens would be asking where it all went and why we are now using a "point system" instead of a true monetary system. I guess it has been such a slow process that people just never caught on. Not to mention all the misinformation about the creation of money.

[pedrote2222]

@LawyerScumGhost Suscribo tu comentario

I endorse your comment

[FreedomsPatriot]

Another Socialite welfare state bites the dust.

Maybe Al'Qaeda will help them out?

[workwillfreeyou]

If history is any indicator, by the time any one that's rated by one of these rating agencies has thier rating drop below AAA+ thier junk.

[recesiontotal2010]

Adios, España, ¡adios!

[Natasha26]

Let's not forget that Moodys, S&P and Fitch were the rating agencies which rated dodgy mortgage backed securities as AAA ...and then the biggest financial collapse in history followed. Why are these agencies still alive & why should we listen to them now?

[mad8london247]

@Natasha26

Good point. My thoughts exactly.

Plus all theserating agencies are controlled by American corporations that would love it for Europe to fail. They can then swoop in and buy it all.

[GGLebo23]

I'd bang the hell out of that news lady.

[curzond]

A lot of EU, UK and US today sources call Greece a "disease" that "spreads". This is borderline racist: A tiny country did not create the Global Financial Crisis even if it did its mistakes.

[762lenny]

@curzond please learn the real meaning of racist and use the word correctly - it has NOTHING to do with any of this. The fact that you choose the word racist shows that YOU are the likely racist -unfortunately

[mad8london247]

@curzond

$400 Billion is a huge mistake. Greece needs to learn to live within it's means.

[Gary190tube]

@curzond no, they're saying the SITUATION in Greece "like a disease that spreads". Not Greece itself.

[762lenny]

Wait the EU will save you!! - idiots you need to dissolve that worthless EU before it drags all of Europe down to hell.

[MithranArkanere]

You'll be next. Take covert.

[usergently]

the dominos are tumbling down.